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The problem asks to calculate how many dollars Thor will receive when converting 40,000 Icelandic Krona at an exchange rate of 1 Krona = $0.0099.

To solve this, we multiply the total amount in Krona by the exchange rate:

\[
40,000 \text{ Krona} \times 0.0099 \text{ (dollars per Krona)} = 396 \text{ dollars}
\]

Thus, Thor will receive **$396**.

Would you like further clarification, or have any more questions?

Here are some related questions:
1. How would the amount change if the exchange rate were $0.0105?
2. What if Thor converted 50,000 Krona instead?
3. How many Krona would Thor need to convert to receive $500?
4. What is the equivalent of $396 in Euros if the exchange rate is $1 = 0.85 Euros?
5. How would the amount of dollars change if a commission of 2% is deducted?

**Tip:** Always double-check the exchange rate when converting currencies, as even small changes can significantly impact the amount received.

Thor changes 40,000 Icelandic Krona into dollars when the exchange rate is 1 Krona = $0.0099. Work out how many dollars he receives.

Learn how to calculate the amount in dollars for 40,000 Icelandic Krona with an exchange rate of 0.0099. A simple step-by-step guide to currency conversion, suitable for students in Grades 6-8.

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